These Companies Will Get Rich Off the 2020 Election, No Matter Who Wins
Many investors appear to be thinking through the consequences of the upcoming election, given the extreme volatility we saw in the markets last week. But let's try to focus on the positives. After all, there are a handful of companies out there that are sure to benefit from this heated election season, no matter which candidate wins.
Who are these surefire winners? Political advertisers.
Political ads are forecast to reach a whopping $14 billion this election season, up strongly from the record $9.8 billion spent in 2016. That reflects not only the huge spending in the presidential race but also eight of the 10 most expensive Senate races in history, among other statewide races and ballot initiatives. While some industries and companies would do better than others depending on who wins on Tuesday, the following advertisers are currently raking in the dough, no matter which party comes out the victor.
Source Fool.com
